Atlanta — Atlanta-based Preferred Apartment Communities Inc. has acquired a six-property, grocery-anchored retail portfolio through its retail subsidiary New Market Properties LLC.
Myrtle Beach, S.C. — Misuma Holdings and Peak Financial Partners Inc. have announced plans to begin a $30 million redevelopment of Myrtle Beach Mall.
North Myrtle Beach, S.C. — Inland Real Estate Income Trust Inc. has acquired Coastal North Town Center, a 311,313-square-foot shopping center located in North Myrtle Beach.
Holly Hill, S.C. — Namdar Realty Group has acquired an 11,000-square-foot Advance Auto Parts location in Holly Hill.
Daniel Island, S.C. — Crossman & Co. has arranged the $14 million sale of Daniel Island Town Center, a Publix-anchored, 68,688-square-foot shopping center located on Seven Farms Drive in Daniel Island in metro Charleston.
Charleston, S.C. —A partnership between Baltimore-based Alex. Brown Realty Inc. and Charlotte-based investment firm Lat Purser Associations Inc. has acquired Ashley Oaks Plaza, a 58,720-square-foot retail center, with plans for redevelopment.
Indian Land, S.C. — MPV Properties has broken ground on RedStone, a retail development located in Indian Land.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has acquired one shopping center and two junior boxes totaling 146,472 square feet in Amesbury, Massachusetts, and Charleston, South Carolina.
Pittsburgh — HFF has arranged a $61 million refinancing for a four-property portfolio of grocery-anchored shopping centers totaling 542,683 square feet in Illinois, Indiana, North Carolina and South Carolina.
North Charleston, S.C. — The Shopping Center Group (TSCG) has arranged the $16.5 million sale of The Shoppes at Centre Pointe, a 140,000-square-foot shopping center located in North Charleston.